SolarEdge Technologies Inc (SEDG)

Days of sales outstanding (DSO)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Receivables turnover		—	32.41	18.36	36.39	53.71	437.07	2.84	3.04	—	3.53	3.68	3.27	3.72	4.25	4.60	5.28	5.30	8.30	8.76	6.73
DSO	days	—	11.26	19.88	10.03	6.80	0.84	128.72	119.92	—	103.43	99.23	111.61	98.02	85.83	79.30	69.18	68.87	44.00	41.66	54.27

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

Based on the data provided, SolarEdge Technologies Inc's Days Sales Outstanding (DSO) is a financial metric that measures the average number of days it takes the company to collect revenue after a sale is made. A lower DSO indicates that the company is collecting revenue more quickly, which is generally seen as a positive sign of efficiency in managing accounts receivable.

Analyzing the trend of SolarEdge's DSO over the given periods:

- The DSO figure decreased from 54.27 days on March 31, 2020, to 41.66 days on June 30, 2020, indicating an improvement in collecting revenue efficiently.
- The trend continued to be favorable until December 31, 2020, with the DSO rising to 68.87 days, which might suggest a slowdown in revenue collection.
- The DSO fluctuated over the following periods but generally trended upwards, reaching 128.72 days on June 30, 2023, suggesting a considerable delay in collecting revenue.
- However, an unexpected significant drop was observed on September 30, 2023, with a DSO of only 0.84 days, which may indicate a swift improvement in collecting revenue or a potential anomaly in the data.
- Subsequently, the DSO figures remained relatively low through December 31, 2024, indicating efficient revenue collection.

Overall, SolarEdge Technologies Inc experienced fluctuations in its DSO over the analyzed periods, with some periods showing improvements in collecting revenue efficiently, while others displayed delays. It is important for the company to monitor and manage its DSO effectively to ensure timely collection of revenue and maintain healthy cash flow.